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In this video, Scotty from Ogden Built discusses the basics of construction contracts crucial for contractors in the industry. He emphasizes the importance of having agreements in place to avoid misunderstandings and unexpected costs at the end of a project. Scotty shares his own experience of writing contracts after a builder expressed concern about potential additional charges. Initially hesitant, he created detailed agreements that covered all aspects, ensuring both the owner's satisfaction and his own financial security. His approach highlights the significance of thorough documentation in construction contracts to safeguard interests and fulfill promises effectively.
